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2024 Compare Cities Economy:
Hillsborough, NC vs Salem, VA

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Highlights
- Household income in Salem, is 14% less than it is in Hillsborough and is 4% below the National Average.
- Hillsborough unemployment rate is 3.2%.
- Salem unemployment rate is 4.6%.

Economy
 Hillsborough, NCSalem, VAUnited States
 Unemployment Rate3.2%4.6%6.0%
 Recent Job Growth2.1%1.5%1.6%
 Future Job Growth39.5%32.0%33.5%
 Sales Taxes7.5%5.3%6.2%
 Income Taxes5.3%5.8%4.6%
 Income per Cap.$46,442$36,244$37,638
 Household Income$77,114$66,472$69,021
 Family Median Income$123,625$84,224$85,028
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 Est. Households By Income
 Hillsborough, NCSalem, VAUnited States
 Income Less Than 15K9.7%7.9%9.4%
 Income between 15K and 20K1.6%3.9%3.8%
 Income between 20K and 30K4.3%8.7%8.1%
 Income between 30K and 40K6.7%7.3%8.0%
 Income between 40K and 50K4.0%9.0%7.6%
 Income between 50K and 60K12.6%8.8%7.2%
 Income between 60K and 75K8.8%8.2%9.6%
 Income between 75K and 100K9.4%14.1%12.8%
 Income between 100K and 150K21.6%17.4%16.3%
 Income between 150K and 200K9.7%7.4%7.8%
 Income greater than 200K11.7%7.2%9.5%
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 Population By Occupation
 Hillsborough, NCSalem, VAUnited States
 Management, business, finance19.7%15.7%16.4%
 Engineering, computers, science9.2%4.0%6.5%
 Community, social services1.6%2.6%1.8%
 Legal1.5%1.2%1.2%
 Education, library10.8%7.9%6.2%
 Arts, design, media, sports, entertainment3.9%1.5%2.0%
 Healthcare practitioners and technology14.9%7.3%6.2%
 Healthcare support1.4%2.6%3.3%
 Firefighters, law enforcement3.7%2.6%2.1%
 Food preparation, serving2.3%5.5%5.4%
 Building maintenance1.3%3.1%3.6%
 Personal care1.5%4.2%2.6%
 Sales, office, administrative support21.4%21.0%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair2.3%7.1%8.1%
 Production, transportation, material moving4.5%13.6%13.1%

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Reviews for Hillsborough    2 Reviews

Over 3 years ago

I've lived here for 4 years and I have come to live this small  More

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Over 5 years ago

Great place to live and  More

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Reviews for Salem    4 Reviews

Over 8 years ago

I am looking for property in  More

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Over 9 years ago

When we moved from Glen Allen VA to Salem I had read on here that cost of living including housing was cheaper. Housing is less unless you want a house bigger than 1300  More

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Over 13 years ago

Salem is a lovely town surrounded by the beauty of the Blue Ridge mountains. Spring, Summer and Fall is exceptionally beautiful with moderate climate and lots of  More

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ZIPS IN HILLSBOROUGH, NORTH CAROLINA
27278
ZIPS IN SALEM, VIRGINIA
24153

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